219-246-9026
, Indianapolis, IN for Sale
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

Indianapolis Portfolio
Indianapolis, IN
Devington


HIGHLIGHTS

  • IMMEDIATE SCALE INTO A LEADING MIDWEST MARKET
  • VALUE-ADD VIA STREAMLINING OPERATIONS AND RENOVATIONS
  • UPWARD TRENDING SUBMARKETS OF MARION COUNTY
  • STRONG TENANT DEMAND & RENT GROWTH AT 4.3%
  • SURROUNDED BY CITY, STATE, AND PRIVATE INVESTMENTS OF NEARLY $3B
  • 10+ COLLEGES & UNIVERSITIES | NUMEROUS FORTUNE 500 EMPLOYERS

OVERVIEW

Brookhaven (3900 N. Shadeland) is located in the Devington / Lawrence submarket of Indianapolis. The area offers strong cash flow opportunities driven by consistent rental demand and a growing tenant base due to the increase in employment in the area. Ongoing development and infrastructure improvements have lead to consisten property value increases, like the newly opened IndyGo Purple Line Bus Stop right outside Brookhaven. Brookhaven offers a balanced mix of affordability and appreciation potential for multifamily investment in Indianapolis. The Star (3736 N. Meridian) and Park Way (3707-3715 N. Meridian) are located in the Crown Hill submarket of Indianapolis, offering 39 units along the IndyGo Red Line Bus Route. Crown Hill has seen steady rent growth and increasing demand driven by affordable housing alternatives for young professionals in a premier location. Crown Hill's historic charm and proximity to tenant amenities make it an attractive option for strong rent growth and stable occupancy rates. Investors can expect consistent cash flow and solid returns, alongside increasing property values and ongoing revitalization, multifamily assets in the area present strong appreciation potential and a competitive yield. ____________________________________________________________________________________________________ Regionally within a 30-minute radius tenants of all communities can visit Indianapolis International Airport, Downtown Indy, Lucas Oil Stadium (Colts), Gainbridge Fieldhouse (Pacers), Indianapolis Motor Speedway, and the Indianapolis Zoo. Entertainment is endless with museums, state and local parks, restaurants, shopping, and more. Each community has direct access to IndyGo's Bus Route for ease of transportation throughout the city. The opportunities offer investors the ability to acquire scale within a leading Midwest market, while leaving several options for continued value creation in operations and addition of tasteful amenities to the communities.

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Kyle SissellKiser GroupMore Info
219-246-9026

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Kyle SissellKiser GroupMore Info
219-246-9026

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